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GLOBAL TECH INDUSTRIES GROUP, INC. UPDATES WEBSITE TO REFLECT EMPHASIS ON DIGITAL ART PLATFORM

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Global Tech Industries Group, Inc. (GTII) has announced plans to relaunch its company website, focusing on a fine art and collectibles digital art platform. The revamped site will improve communication with shareholders regarding the development of a tokenized value dividend. This initiative aims to keep investors informed about the company's progress in the fine art sector. GTII specializes in acquiring innovative technologies and is based in Nevada. The company cautions that it faces risks and uncertainties that could impact future financial performance, as detailed in its SEC filings.

Positive
  • Relaunch of the company website to enhance shareholder communication.
  • Focus on fine art and collectibles may attract new investors.
  • Development of a tokenized value dividend could provide additional value to shareholders.
Negative
  • Company faces significant expenses during its development stage.
  • No assurance of generating enough revenues to offset costs.
  • Risks exist in finding and acquiring profitable businesses.

New York, NY, April 27, 2021 (GLOBE NEWSWIRE) -- (GTII:OTCQB) Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation announced today that it plans a relaunch of its company website to reflect the new emphasis on its fine art and collectibles digital art platform. The Company will use the website as another means to more frequently communicate with its shareholders regarding the development of a tokenized value dividend, and to keep them apprised of its progress and plans in the world of fine art and collectibles. For more information, please visit the Company website. www.gtii-us.com.

About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our Company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company's most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Blaine Riley – br@intlmonetary.com
International Monetary
620 Newport Center Drive, #1100
Newport Beach, CA 92660
949.200.4601


FAQ

What is GTII planning to do with its website?

GTII plans to relaunch its website to focus on fine art and collectibles, enhancing communication with shareholders.

What is a tokenized value dividend mentioned in GTII's press release?

The tokenized value dividend is an initiative by GTII to create a new way of delivering value to shareholders through digital assets.

When did GTII announce the website relaunch?

GTII announced the website relaunch on April 27, 2021.

What are the risks mentioned by GTII in their press release?

GTII mentions risks related to significant expenses, uncertainty in generating revenues, and challenges in acquiring profitable businesses.

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